Verified ID (Decentralized Identity) is an emerging identity paradigm where individuals hold and control their own verifiable credentials — cryptographically signed digital proofs of claims (university degree, employment, age) — and present them to verifiers without a central identity broker.
⚙️ How Does It Work?
Based on W3C DID (Decentralized Identifiers) and Verifiable Credentials standards. An issuer (university, employer) signs a credential. The holder stores it in a digital wallet. The verifier checks the cryptographic proof without contacting the issuer — no central database required.
📍 Where Is It Used?
Employee onboarding verification, B2B partner identity, customer KYC, cross-organizational access (Microsoft Entra Verified ID), government digital identity programs.
💡 Real-World Example
🔗 Related Terms
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